Nydia Sumner SqWn
Open Trade
High-Frequency Trader
4 Years
2 Following
5 Followers
12 Liked
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I have seen the bearish potential and I hope my position is the peak position
$AUCTION The Auction is making a very strong impression on me, as it is going against the current market trend. So, I decided to observe Auction’s chart across different timeframes. On the monthly timeframe, it didn’t give me a clear perspective, as the indicators provided conflicting conclusions.
I then switched to a smaller timeframe, the weekly chart. And everything became very clear here: a bearish divergence is very evident, and the indicators are all in agreement. As you can see, the price is still rising sharply. However, the trading volume is decreasing. The RSI indicator also shows a divergence compared to the price index.
The RSI is currently above 80. Therefore, I will place a Short order and take profits at three price levels as shown on the chart.
I hope my analysis will support my friends. Please manage your risks carefully before entering any trades.
#VoteToListOnBinance
$BTC
$PEPE
#Write2Earn
#ETH
I then switched to a smaller timeframe, the weekly chart. And everything became very clear here: a bearish divergence is very evident, and the indicators are all in agreement. As you can see, the price is still rising sharply. However, the trading volume is decreasing. The RSI indicator also shows a divergence compared to the price index.
The RSI is currently above 80. Therefore, I will place a Short order and take profits at three price levels as shown on the chart.
I hope my analysis will support my friends. Please manage your risks carefully before entering any trades.
#VoteToListOnBinance
$BTC
$PEPE
#Write2Earn
#ETH
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#dot let's go down
#dot is it time to go down?
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sorry, I will leave first
$ARC
📊 ARC/USDT Analysis
Current Range: $0.4867 - $0.5447
The price is currently consolidating within this range, showing signs of a potential breakout.
Technical Analysis
Support Level: $0.4867 — Strong demand zone where buyers are stepping in.
Resistance Level: $0.5447 — Sellers are actively defending this level.
Indicators to Watch
RSI: If below 30, indicates oversold conditions; if above 70, indicates overbought conditions.
MACD: A bullish crossover could signal upward momentum.
Volume: Increasing volume near resistance may confirm a breakout; decreasing volume may indicate consolidation.
Potential Scenarios
1️⃣ Bullish Breakout: If ARC/USDT breaks above $0.5447 with strong volume, next resistance could be around $0.5800.
2️⃣ Bearish Breakdown: A fall below $0.4867 may trigger a drop toward $0.4500 or lower.
Trading Strategy
✅ Entry Point: Consider buying near $0.4900 with a stop loss below $0.4800.
✅ Profit Target: Set initial targets at $0.5300 and $0.5800.
❗ Stop Loss: Ensure risk management by placing a stop loss 3-5% below entry.
Stay vigilant for volume surges and market sentiment shifts for optimal entry/exit points.
📊 ARC/USDT Analysis
Current Range: $0.4867 - $0.5447
The price is currently consolidating within this range, showing signs of a potential breakout.
Technical Analysis
Support Level: $0.4867 — Strong demand zone where buyers are stepping in.
Resistance Level: $0.5447 — Sellers are actively defending this level.
Indicators to Watch
RSI: If below 30, indicates oversold conditions; if above 70, indicates overbought conditions.
MACD: A bullish crossover could signal upward momentum.
Volume: Increasing volume near resistance may confirm a breakout; decreasing volume may indicate consolidation.
Potential Scenarios
1️⃣ Bullish Breakout: If ARC/USDT breaks above $0.5447 with strong volume, next resistance could be around $0.5800.
2️⃣ Bearish Breakdown: A fall below $0.4867 may trigger a drop toward $0.4500 or lower.
Trading Strategy
✅ Entry Point: Consider buying near $0.4900 with a stop loss below $0.4800.
✅ Profit Target: Set initial targets at $0.5300 and $0.5800.
❗ Stop Loss: Ensure risk management by placing a stop loss 3-5% below entry.
Stay vigilant for volume surges and market sentiment shifts for optimal entry/exit points.
move aman
How about now? Still say bullish?
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